Michael Burry, the investor famously portrayed in the film "The Big Short," has disclosed a significant portfolio adjustment. He announced on Substack that he has closed half of his short position in Palantir Technologies Inc. and increased several of his long equity holdings.

In his update, Burry noted that he continues to hold put options on Palantir, indicating a maintained bearish view on a portion of the position.

He also revealed a new strategic bet, purchasing long-dated call options on Microsoft that expire in December 2028.

Furthermore, Burry increased his stakes in Fiserv, JD.com, and Adobe. He specifically stated that he sold shares of Alibaba to fund the purchase of more JD.com stock, signaling a shift in preference between the two Chinese e-commerce giants.